Hunan Heshun Petroleum Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 06:28 am
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Hunan Heshun Petroleum Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,193.49 million compared to CNY 580.55 million a year ago. Revenue was CNY 1,193.49 million compared to CNY 580.55 million a year ago. Net income was CNY 20.61 million compared to CNY 33.07 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.19 a year ago. Diluted earnings per share from continuing operations was CNY 0.12.
Hunan Heshun Petroleum Co.,Ltd. is a China-based company primarily engaged in the wholesale and retail of refined oil products, including gasoline and diesel. The Company's business covers the procurement, storage, logistics, wholesale, and retail of refined oil products, forming a complete industrial chain in the field of refined oil distribution. The Company also operates gas stations and convenience stores and invests in gas stations and oil depots. The Company operates its businesses primarily in the domestic market.